Construction in Switzerland - Key Trends and Opportunities to 2021

Published: Nov, 2017 | Pages: 75 | Publisher: Timetric
Industry: Construction | Report Format: Electronic (PDF)

Synopsis

In real terms, the Swiss construction industry recovered in 2016, after registering a relatively low performance in 2015 due to slow economic growth. This slowdown in construction activity in 2015 was particularly due to the overvaluation of the country's currency against the euro by the Swiss National Bank (SNB), which had an adverse impact on export trade activity. Additionally, rising unemployment rates and poor private consumption held back economic growth. Consequently, in 2015 the industry posted growth of 0.1% in real terms, following an average annual growth of 2.0% during the preceding three years. The industry rebounded in 2016, supported by a gradual improvement in economic conditions coupled with government investments in the development of the country's overall infrastructure.

The industry is expected to gain some momentum and expand over the forecast period (2017-2021), supported by a revival in both investor and consumer confidence on the back of an improving economy; this is expected to accelerate the flow of investment in construction projects. Though the persistence of currency overvaluation is expected to weigh on the industry's performance, a slight deceleration in the Swiss franc by the SNB is expected to offer a relatively positive outlook for the industry over the forecast period.

The industry's output value in real terms increased at a compound annual growth rate (CAGR) of 1.52% during the review period (2012-2016), and is expected to post a CAGR of 2.02% over the forecast period.

Summary

Timetric's Construction in Switzerland - Key Trends and Opportunities to 2021 report provides detailed market analysis, information and insights into the Swiss construction industry, including:

• The Swiss construction industry's growth prospects by market, project type and construction activity

• Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Swiss construction industry

• Profiles of the leading operators in the Swiss construction industry

Scope

This report provides a comprehensive analysis of the construction industry in Switzerland. It provides:

• Historical (2012-2016) and forecast (2017-2021) valuations of the construction industry in Switzerland using construction output and value-add methods

• Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector

• Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

• Detailed profiles of the leading construction companies in Switzerland

Reasons To Buy

• Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies.

• Assess market growth potential at a micro-level with over 600 time-series data forecasts.

• Understand the latest industry and market trends.

• Formulate and validate strategies using Timetric's critical and actionable insight.

• Assess business risks, including cost, regulatory and competitive pressures.

• Evaluate competitive risk and success factors.

Key Highlights

• Timetric expects the residential construction market to remain the largest segment, accounting for 32.3% of the industry's total value in 2021. The growing influx of migrants into the country is expected to drive demand for new housing units over the forecast period.

• Timetric expects infrastructure construction to be the industry's fastest-growing market over the forecast period, with a CAGR of 3.34% in nominal terms. The market is expected to be supported by government investments in transport infrastructure. In August 2016, the government announced plans to invest CHF13.2 billion (US$13.3 billion) during 2017-2020 to upgrade and maintain the national rail network infrastructure.

• Under the Energy Strategy 2050, the government is planning to increase the country's energy production capacity from renewable sources. Accordingly, to take advantage of the vast potential of renewables in the municipality of Poschiavo, in November 2016 the federal government of Graubunden announced plans to develop a hydroelectric storage plant with a total installed capacity of 1,000MW.

• The Swiss city of Lausanne is preparing to host the Winter Youth Olympics in 2020. Accordingly, in May 2017, construction of a new Olympic village called 'Vortex' began. With an estimated investment of CHF156.0 million (US$158.5 million), the site includes the construction of a ring-shaped building and a 2.8km spiral-shaped ramp.

• In order to transform the tourism sector into one of the major drivers of economic growth, the government is focusing on developing the country's leisure and hospitality infrastructure. Accordingly, the government offers support to the hotel industry through the Swiss Society for Hotel Credit (SGH) which provides financial assistance for the construction and expansion of hotels.

 Table of Contents

1 Executive Summary
2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction
3 Key Issues and Developments
4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
4.4.3 Infrastructure construction output by activity type
4.4.4 Infrastructure construction value add by project type
4.5 Energy and Utilities Construction
4.5.1 Energy and utilities construction output by project type
4.5.2 Energy and utilities construction output by cost type
4.5.3 Energy and utilities construction output by activity type
4.5.4 Energy and utilities construction value add by project type
4.6 Institutional Construction
4.6.1 Institutional construction output by project type
4.6.2 Institutional construction output by cost type
4.6.3 Institutional construction output by activity type
4.6.4 Institutional construction value add by project type
4.7 Residential Construction
4.7.1 Residential construction output by project type
4.7.2 Residential construction output by cost type
4.7.3 Residential construction output by activity type
4.7.4 Residential construction value add by project type
5 Company Profile: Implenia AG
5.1 Implenia AG - Company Overview
5.2 Implenia AG - Business Description
5.3 Implenia AG - Main Services
5.4 Implenia AG - History
5.5 Implenia AG - Company Information
5.5.1 Implenia AG - key competitors
5.5.2 Implenia AG - key employees
6 Company Profile: Orascom Development Holding AG
6.1 Orascom Development Holding AG - Company Overview
6.2 Orascom Development Holding AG - Business Description
6.3 Orascom Development Holding AG - Main Services
6.4 Orascom Development Holding AG - History
6.5 Orascom Development Holding AG - Company Information
6.5.1 Orascom Development Holding AG - key competitors
6.5.2 Orascom Development Holding AG - key employees
7 Company Profile: VSL International Ltd
7.1 VSL International Ltd - Company Overview
7.2 VSL International Ltd - Main Services
7.3 VSL International Ltd - History
7.4 VSL International Ltd - Company Information
7.4.1 VSL International Ltd - key competitors
7.4.2 VSL International Ltd - key employees
8 Company Profile: Circle of Innovation Immobilien AG
8.1 Circle of Innovation Immobilien AG - Company Overview
8.2 Circle of Innovation Immobilien AG - Main Services
8.3 Circle of Innovation Immobilien AG - Company Information
8.3.1 Circle of Innovation Immobilien AG - key competitors
8.3.2 Circle of Innovation Immobilien AG - key employees
9 Company Profile: Enotrac AG
9.1 Enotrac AG - Company Overview
9.2 Enotrac AG - Main Services
9.3 Enotrac AG - History
9.4 Enotrac AG - Company Information
9.4.1 Enotrac AG - key competitors
9.4.2 Enotrac AG - key employees
10 Appendix
10.1 What is this Report About?
10.2 Definitions
10.3 Methodology
10.4 Contact Timetric
10.5 About Timetric
10.6 Timetric's Services
10.7 Disclaimer

List of Tables

Table 1: Swiss Construction Output by Project Type (CHF Million), 2012-2016
Table 2: Swiss Construction Output by Project Type (CHF Million), 2016-2021
Table 3: Swiss Construction Output by Cost Type (CHF Million), 2012-2016
Table 4: Swiss Construction Output by Cost Type (CHF Million), 2016-2021
Table 5: Swiss Construction Output by Activity Type (CHF Million), 2012-2016
Table 6: Swiss Construction Output by Activity Type (CHF Million), 2016-2021
Table 7: Swiss Construction Value Add by Project Type (CHF Million), 2012-2016
Table 8: Swiss Construction Value Add by Project Type (CHF Million), 2016-2021
Table 9: Swiss Commercial Construction Output by Project Type (CHF Million), 2012-2016
Table 10: Swiss Commercial Construction Output by Project Type (CHF Million), 2016-2021
Table 11: Swiss Commercial Construction Output by Cost Type (CHF Million), 2012-2016
Table 12: Swiss Commercial Construction Output by Cost Type (CHF Million), 2016-2021
Table 13: Swiss Commercial Construction Output by Activity Type (CHF Million), 2012-2016
Table 14: Swiss Commercial Construction Output by Activity Type (CHF Million), 2016-2021
Table 15: Swiss Commercial Construction Value Add by Project Type (CHF Million), 2012-2016
Table 16: Swiss Commercial Construction Value Add by Project Type (CHF Million), 2016-2021
Table 17: Swiss Industrial Construction Output by Project Type (CHF Million), 2012-2016
Table 18: Swiss Industrial Construction Output by Project Type (CHF Million), 2016-2021
Table 19: Swiss Industrial Construction Output by Cost Type (CHF Million), 2012-2016
Table 20: Swiss Industrial Construction Output by Cost Type (CHF Million), 2016-2021
Table 21: Swiss Industrial Construction Output by Activity Type (CHF Million), 2012-2016
Table 22: Swiss Industrial Construction Output by Activity Type (CHF Million), 2016-2021
Table 23: Swiss Industrial Construction Value Add by Project Type (CHF Million), 2012-2016
Table 24: Swiss Industrial Construction Value Add by Project Type (CHF Million), 2016-2021
Table 25: Swiss Infrastructure Construction Output by Project Type (CHF Million), 2012-2016
Table 26: Swiss Infrastructure Construction Output by Project Type (CHF Million), 2016-2021
Table 27: Swiss Infrastructure Construction Output by Cost Type (CHF Million), 2012-2016
Table 28: Swiss Infrastructure Construction Output by Cost Type (CHF Million), 2016-2021
Table 29: Swiss Infrastructure Construction Output by Activity Type (CHF Million), 2012-2016
Table 30: Swiss Infrastructure Construction Output by Activity Type (CHF Million), 2016-2021
Table 31: Swiss Infrastructure Construction Value Add by Project Type (CHF Million), 2012-2016
Table 32: Swiss Infrastructure Construction Value Add by Project Type (CHF Million), 2016-2021
Table 33: Swiss Energy and Utilities Construction Output by Project Type (CHF Million), 2012-2016
Table 34: Swiss Energy and Utilities Construction Output by Project Type (CHF Million), 2016-2021
Table 35: Swiss Energy and Utilities Construction Output by Cost Type (CHF Million), 2012-2016
Table 36: Swiss Energy and Utilities Construction Output by Cost Type (CHF Million), 2016-2021
Table 37: Swiss Energy and Utilities Construction Output by Activity Type (CHF Million), 2012-2016
Table 38: Swiss Energy and Utilities Construction Output by Activity Type (CHF Million), 2016-2021
Table 39: Swiss Energy and Utilities Construction Value Add by Project Type (CHF Million), 2012-2016
Table 40: Swiss Energy and Utilities Construction Value Add by Project Type (CHF Million), 2016-2021
Table 41: Swiss Institutional Construction Output by Project Type (CHF Million), 2012-2016
Table 42: Swiss Institutional Construction Output by Project Type (CHF Million), 2016-2021
Table 43: Swiss Institutional Construction Output by Cost Type (CHF Million), 2012-2016
Table 44: Swiss Institutional Construction Output by Cost Type (CHF Million), 2016-2021
Table 45: Swiss Institutional Construction Output by Activity Type (CHF Million), 2012-2016
Table 46: Swiss Institutional Construction Output by Activity Type (CHF Million), 2016-2021
Table 47: Swiss Institutional Construction Value Add by Project Type (CHF Million), 2012-2016
Table 48: Swiss Institutional Construction Value Add by Project Type (CHF Million), 2016-2021
Table 49: Swiss Residential Construction Output by Project Type (CHF Million), 2012-2016
Table 50: Swiss Residential Construction Output by Project Type (CHF Million), 2016-2021
Table 51: Swiss Residential Construction Output by Cost Type (CHF Million), 2012-2016
Table 52: Swiss Residential Construction Output by Cost Type (CHF Million), 2016-2021
Table 53: Swiss Residential Construction Output by Activity Type (CHF Million), 2012-2016
Table 54: Swiss Residential Construction Output by Activity Type (CHF Million), 2016-2021
Table 55: Swiss Residential Construction Value Add by Project Type (CHF Million), 2012-2016
Table 56: Swiss Residential Construction Value Add by Project Type (CHF Million), 2016-2021
Table 57: Implenia AG, Key Facts
Table 58: Implenia AG, Main Services
Table 59: Implenia AG, History
Table 60: Implenia AG, Key Employees
Table 61: Orascom Development Holding AG, Key Facts
Table 62: Orascom Development Holding AG, Main Services
Table 63: Orascom Development Holding AG, History
Table 64: Orascom Development Holding AG, Key Employees
Table 65: VSL International Ltd, Key Facts
Table 66: VSL International Ltd, Main Services
Table 67: VSL International Ltd, History
Table 68: VSL International Ltd, Key Employees
Table 69: Circle of Innovation Immobilien AG, Key Facts
Table 70: Circle of Innovation Immobilien AG, Main Services
Table 71: Circle of Innovation Immobilien AG, Key Employees
Table 72: Enotrac AG, Key Facts
Table 73: Enotrac AG, Main Services
Table 74: Enotrac AG, History
Table 75: Enotrac AG, Key Employees
Table 76: Timetric Construction Market Definitions